Sunday 5 December 2010

Bid win may prod firms to go public

Qatar’s win in the 2022 bid is likely to inspire many family and private shareholding companies here to go public in a bid to mobilise capital since more liquidity is expected to flow into the national bourse.

According to sources in the private sector, some companies have already begun thinking in terms of seeking listing on Qatar Exchange (QE), the local bourse.

Sources indicate that the bourse management and the representative body of the private sector (the Qatar Chamber of Commerce and Industry) already have a tie-up to encourage and assist private firms keen on tapping public funds for expansion and growth, to go public.

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